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COMMERCIAL PROPERTY NEWS

Whilst Spring has been slow in coming this year, it did bring a snippet of good news, with Swindon being named as the 8th best place in the United Kingdom to make a living in a survey by credit broker, Totally Money. The survey highlighted the town as having plenty of jobs and prospects and a relatively low cost of living. Swindon beat nearby towns, such as Oxford and Bristol and was ranked just one place behind Reading in 7th place. Meanwhile, Grant Thornton published its annual Vibrant Economy Index, where Wiltshire was placed number one in the South West, ahead of Bath and the Cotswolds. The index measures how places compare on a range of factors, including prosperity, health, wellbeing, happiness, inclusion and equality. Perhaps for those of us who live and work here that is not news, but it’s good to be reminded that Swindon and Wiltshire has a lot going for it! Spring has also seen the opening of the new 16,000 sq ft Food Court at The Crossing in the Brunel Centre, with an array of 16 food outlets catering for a variety of tastes. We have also seen the practical completion of a new 217,000 sq ft distribution building at Symmetry Park on the A420, which is attracting good occupier interest and Gazeley have announced the proposed construction of a 375,000 sq ft bespoke warehouse for B&Q, at G Park, next to their existing facility with whom it will share a biomass heating system and will incorporate rooftop solar panels, with completion expected in 2019, creating around 100 extra jobs.